A cabinet statement stated that Prime Minister Engineer Sharif Ismail has discussed with the Central Bank Governor providing funds needed to enter into contracts relating to import of basic commodities, such as meat, rice, cooking oil, wheat, sugar and poultry.
The Prime Minister Sharif Ismail said, “The government places utmost importance on following up implementation of an urgent plan to provide sufficient stocks of basic commodities for six months and takes the necessary measures to control markets and maintain the price stability of these commodities”.
The meeting of Engineer Ismail with the Central Bank Governor prior to his departure to attend the meetings of the International Monetary Fund was held within the framework of continuous coordination between the government and the Central Bank. They have also agreed that the Central Bank would import 200 tons of cooking oil, 60,000 tons of frozen meat at the rate of 10,000 tons per month, 4 million tons of wheat in two batches, 500 tons of rice and 400,000 tons of sugar.
